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Macro - Country Economic Forecasts - Netherlands

Publisher Oxford Economics
Published Mar 23, 2026
Length 8 Pages
SKU # OFE21076959

Description

We forecast the Dutch economy will expand by 1.4% in 2026 and 1.2% in 2027. The war in the Middle East has driven up energy prices in the international markets, which will increase inflation and hit consumption. Exports have remained remarkably resilient amid higher tariffs, thereby improving the outlook for international trade. Trade uncertainty is making businesses reluctant to invest, weighing on non-residential private investment, and we think that this headwind will persist. We expect inflation to average 2.6% in 2026 and 2.0% in 2027.

Table of Contents

8 Pages
Netherlands: Middle East war generates higher inflation and weaker GDP
Forecast overview
Recent developments
Short
term outlook
Key drivers of our short
term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long
term prospects
Alternative long
run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics and policy

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